IWG says the Covid-19 pandemic has led to a sudden sprouting of start-ups and spurred demand for the suburbs.
The company, which owns the Regus brand, said revenue had risen 12.2% to £198.3m in the first half of the year as sales increased in satellite towns and outside London.
It said that start-ups taking its space had risen by 30% in the three months to the end of June.
Founder and chief executive Mark Dixon said that people were being drawn to working nearer to the suburbs where they live after realising how much time they had been wasting on a city commute.
“It’s a pivot into the suburbs and the rings round London, Birmingham and Manchester,” said Dixon. “The amount of interest in home working and local solutions has gone off the charts.”
